Decision to Leave

Starbucks Korea, owned by South Korean retail juggernaut E-Mart, conducts a voluntary recall of its line of summer travel bags, following health c...

LG Display Co., South Korea’s major display maker, is set to pull out of the liquid crystal display (LCD) TV panel business for domestic use. ...

Starbucks Korea, the undisputed leader in South Korea’s coffee franchise landscape, is facing the biggest challenge of its 23-year history.&nb...

SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...

Alphabet Inc.’s Google has halted updates to Kakao Corp.'s KakaoTalk, South Korea's most popular messaging app. An employee of Kakao told...

Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 electric vehicle battery makers, plan to adopt smart factory solutions to i...

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, is changing the merger ratio of its two major affiliates, accepting a...

SK Hynix Inc.’s board of directors is actively involved in the South Korean chipmaker’s management from the stages of strategy formulati...

An international arbitrator is set to rule on a decade-long legal tussle between South Korea and Lone Star Funds as early as next month over the US ...

SEOUL—South Korea’s political division runs so deep now that the country can’t agree where the next president should liv...

Innocean Worldwide Holdings Inc., a South Korean marketing company, will wholly own US media agency joint venture Canvas Worldwide LLC by acquiring ...

A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...

The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...

South Korea's SillaJen Inc., once the largest stock on Kosdaq by market value, faces a higher risk of being kicked out of the country's junior stock...

South Korea’s Hyundai Heavy Industries Group grew more concerned ahead of the European Union’s decision on the combination of the world&...

The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...

Two decades after the onset of the 1997-98 Asian financial crisis, the state-run Korea Deposit Insurance Corporation (KDIC) is finally set to privat...

The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...

South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...

When DL Chemical Co. announced its $2.5 billion acquisition of US chemical manufacturer Kraton Corp. on Monday, it left many people bewildered.The a...

Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...

South Korea’s pension fund is set to veto SK Innovation Co. 's plan to split off its battery unit as the move could undermine shareholder valu...

LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...

Shares of Samsung Electronics Co. have been trapped in a boxed range since the start of the year, dashing retail investors’ hope that the tech...

The US trade body’s approval of anti-dumping tariffs on tire imports from South Korea, Taiwan and Thailand is adding to the woes of Korea&rsqu...

Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...